SG&A Expense Trends: Intel vs. Fortinet

In the ever-evolving tech industry, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two tech giants: Intel Corporation and Fortinet, Inc., from 2014 to 2023.

Intel Corporation

Intel, a leader in semiconductor manufacturing, has seen its SG&A expenses fluctuate over the years. Starting at a peak in 2014, Intel's expenses have generally decreased, with a notable drop of 31% by 2023. This trend reflects Intel's strategic cost management amidst industry challenges.

Fortinet, Inc.

Conversely, Fortinet, a cybersecurity powerhouse, has experienced a consistent rise in SG&A expenses, increasing by over 520% from 2014 to 2023. This growth underscores Fortinet's aggressive expansion and investment in market penetration.

Conclusion

These contrasting trends highlight the diverse strategies of tech companies in managing operational costs, offering valuable insights for investors and industry analysts.